New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico rose 0.1 percentage points in February 2015 to 6.0%. The state unemployment rate was 0.5 percentage points higher than the national rate for the month. The unemployment rate in New Mexico peaked in May 2010 at 8.3% and is now 2.3 percentage points lower. From a post peak low of 5.9% in January 2015, the unemployment rate has now grown by 0.1 percentage points. You can also see New Mexico unemployment compared to other states.

Unemployment Rate

February 2015

Month/Month

Year/Year

National

5.5%

-0.2

-1.2

New Mexico

6.0%

+0.1

-0.7

Unemployment Rate: New Mexico, National

Note: Recessions shown in gray

New Mexico Unemployed

The number of people unemployed in New Mexico peaked in June 2010 at 77,716. There are now 22,106 fewer people unemployed in the state. From a recent trough of 54,455 in January 2015, the number of unemployed has now grown by 1,155. New Mexico job growth data is also available.

Unemployed Persons

February 2015

Month/Month

Year/Year

New Mexico

55,610

+1,155

-6,364

Number of Unemployed Persons

New Mexico Unemployment History

Date

National
Unemployment Rate

New Mexico
Unemployment Rate

New Mexico
Unemployed

February 2015

5.5%

6.0%

55,610

January 2015

5.7%

5.9%

54,455

December 2014

5.6%

6.0%

55,089

November 2014

5.8%

6.1%

55,875

October 2014

5.7%

6.2%

56,832

September 2014

5.9%

6.3%

57,882

August 2014

6.1%

6.4%

58,967

July 2014

6.2%

6.5%

60,028

June 2014

6.1%

6.6%

60,944

May 2014

6.3%

6.7%

61,585

April 2014

6.2%

6.7%

61,925

March 2014

6.6%

6.8%

62,010

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